330 results total
Browse practical NetSuite answers in Finance/accounting team, filtered by topic, audience, and difficulty.
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NetSuite's 3-way matching functionality, often integrated with the Vendor Bill Approval Workflow and configurable tolerance settings, helps identify discrepancies between vendor bills and purchase orders. This allows users…
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NetSuite's standard approval process applies to Customer Return Authorizations (RMAs), with Credit Memos posting immediately upon entry. To implement an approval workflow for Credit Memos, a custom 'Credit…
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To place controls on ACH payments in NetSuite, utilize the Electronic Payment Process. This feature allows for the configuration of a Batch Creation process, which can then be…
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Custom payment terms in NetSuite can be achieved through two main approaches. The first involves leveraging the Advanced Billing module's Billing Schedules feature. Alternatively, organizations can implement custom…
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To implement variable revenue recognition schedules in NetSuite, utilize the 'rev rec override percentage' field. This field allows for dynamic adjustment of revenue recognition based on the project's…
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To import payment processor files, navigate to Transactions > Bank > Import Online Banking Data. Review imported transactions on pages like Banking Import History or Match Bank Data.…
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NetSuite natively supports importing bank statements in BAI2 format. For other formats like BAI that need conversion to OFX, various third-party tools are available. Once converted to OFX,…
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NetSuite supports bank statement imports for reconciliation using native formats such as OFX, QFX, MT940, and CSV. While general journal entries can use CSV, dedicated financial data formats…
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Importing end-of-month balances into NetSuite is efficiently managed through journal entries. Import balances dated the last or first day of each month, ensuring only the delta is imported…
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To import historical trial balance data for NetSuite OneWorld elimination accounts, create non-A/R or A/P intercompany accounts for the initial import. Subsequently, reclassify balances from these temporary accounts…
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To link invoices to a sales order in NetSuite, create a custom transaction body field sourced from the sales order transaction list. This field allows users to retrieve…
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NetSuite Vendor Bills do not feature a 'Created From' field due to the system's ability to consolidate multiple Purchase Orders into one Bill. To locate the associated Purchase…
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